The pair Chainlink/Tether (LINK/USDT) breaks through the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 8.219 is certain.
Caution: A possible change in the direction of the support line at 7.783 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘MACD crosses above signal’ indicator layout is found. The indicator shows ‘MACD crosses above signal’. which is often a bullish chart scenario. The pair is likely to go up.
There is also a ‘Three White Soldiers’ candlestick pattern is existing. The chart forms ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 8.616 |
| 2nd High | 8.469 |
| Next High | 8.219 |
| Current Price | 8.435000000 |
| Next Low | 7.783 |
| 2nd Low | 7.753 |
| 3rd Low | 7.688 |
8.219 – 8.05 – 8.044 – 7.783 – 7.938 – 7.858 —
8.223000000 – 8.233000000 —
65.817746169233 – 65.254218120604 —
– —
8.219 – 1781481600
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three White Soldiers – – –